Love sells part of Nirvana rights

Courtney Love has sold 25 percent of her share of Nirvana’s publishing rights for an estimated $50 million.

She says:

“I took on a strategic partner, Larry Mestel, to help me co-manage the estate because it was overwhelming,” Love explains. “The affairs of Nirvana are so massive and so huge, and they’ve all fallen on my lap. I own almost all of [the publishing], . . . and it proved to be too much for me. I needed a partner to take Kurt Cobain’s songs and bring them into the future and into the next generation. And this guy’s the guy to do it.”